Professional
Added to YB: 2025-09-29
Pitch date: 2025-06-30
META [neutral]
Meta Platforms, Inc.
-12.51%
current return
Author Info
No bio for this author
Company Info
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide.
Market Cap
$1.6T
Pitch Price
$736.38
Price Target
N/A
Dividend
0.32%
EV/EBITDA
16.25
P/E
28.84
EV/Sales
8.72
Sector
Interactive Media and Services
Category
growth
Alger Spectra Fund Portfolio Holding: Meta Platforms, Inc.
META (holding update): World's largest social media co w/ 3.4B daily users across Facebook, Instagram, WhatsApp. AI-powered ad tools driving higher pricing & campaign performance. Q1 beat on strong revenue growth & margin expansion. Q2 revenue guide above consensus, trimmed expense guidance despite lifting capex for AI infrastructure.
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